IC Markets vs MultiBank Group 2026: Which Broker is Better?
When comparing IC Markets and MultiBank Group, traders will notice distinct differences in their offerings and target audiences. IC Markets, with its ultra-low spreads and fast execution, is particularly appealing to high-frequency and professional traders seeking a platform with no requotes and robust support for MT4, MT5, and TradingView. Conversely, MultiBank Group, with its extensive regulatory oversight and lower minimum deposit, caters to a broader range of traders, including beginners who value a wide selection of financial instruments. While both brokers offer competitive trading conditions, IC Markets is best suited for those prioritising speed and low costs, whereas MultiBank Group appeals to traders looking for a more diverse and heavily regulated trading environment.
IC Markets
MultiBank Group
| IC Markets | MultiBank Group | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.6/5 |
| Min. Deposit | $200 ✓ | $50 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, CySEC | ASIC, FCA, CySEC ✓ |
| Platforms | MT4, MT5, TradingView | MT4, MT5 |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets vs MultiBank Group: Key Differences
IC Markets
MultiBank Group
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Fees Comparison
IC Markets
MultiBank Group
Lower feesBrokerRank Verdict
Who Should Choose Which?
IC Markets
3.9/5
Choose IC Markets if you want…
- Higher overall rating (3.9/5)
- More platforms (4 supported)
MultiBank Group
3.6/5
Choose MultiBank Group if you want…
- Lower minimum deposit ($50)
- More regulatory licences (3)
- More established (est. 2005)
Also consider
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Both IC Markets & MultiBank Group are available in
Frequently Asked Questions
1Is IC Markets better than MultiBank Group?
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs MultiBank Group's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, IC Markets or MultiBank Group?
IC Markets offers spreads from 0 pips, while MultiBank Group starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IC Markets vs MultiBank Group?
IC Markets requires a minimum deposit of $200. MultiBank Group requires $50.
4Which broker is safer, IC Markets or MultiBank Group?
IC Markets is regulated by ASIC, CySEC, while MultiBank Group holds licences from ASIC, FCA, CySEC.
5What trading platforms do IC Markets and MultiBank Group support?
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. MultiBank Group supports MT4, MT5.
6Can I use both IC Markets and MultiBank Group?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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